Why Live in Owensboro
Owensboro's stunning riverfront Smothers Park features an interactive playground, spray park, and scenic Ohio River views. The city celebrates its rich musical heritage at the Bluegrass Music Hall of Fame & Museum and hosts the renowned ROMP Bluegrass Festival each June at Yellow Creek Park. Cultural attractions include the Owensboro Museum of Fine Art, RiverPark Center performing arts venue, and Western Kentucky Botanical Garden with its themed gardens and butterfly sanctuary. The International Bar-B-Q Festival in May showcases the city's famous barbecue culture, with legendary establishments like Moonlite Bar-B-Q Inn and Old Hickory Bar-B-Que serving traditional Kentucky mutton and burgoo.
The housing market features diverse options across distinct neighborhoods. Single family homes in upscale Hillcrest have a median price of $365,000, while the established Audubon-Bon Harbor area shows a median of $238,000. More affordable options exist in Northwest Side with a median of $129,900. The overall median sale price in Owensboro is $214,900, with townhomes at $123,300 and two bedroom condos at $155,000.
Property taxes in Daviess County maintain a 0.86% effective rate, slightly higher than nearby Evansville, Indiana at 0.82%. Residents pay a 1.78% local income tax rate and Kentucky's 6% state sales tax. The city connects to major employment centers through US highways 60, 431, and 231, with the Owensboro Transit System providing public transportation throughout the metropolitan area. Top-rated public schools include Tamarack Elementary and Newton Parrish Elementary, both rated A minus by Niche. Kentucky Wesleyan College provides higher education opportunities within the city limits.
Home Trends in Owensboro, KY
On average, homes in Owensboro, KY sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Owensboro, KY over the last 12 months is $214,900, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$214,900
Median Single Family Sale Price
$229,000
Median Townhouse Sale Price
$121,500
Median 2 Bedroom Sale Price
$155,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
213
Last 12 months Home Sales
1,038
Median List Price
$239,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%